Czr Resources Ltd · ASX:CZR
Czr Resources — Investor Presentation (April 2021)
25 slides from Czr Resources's investor presentation, Apr 14, 2021
Slide 1: CZR Resources Ltd – An iron ore and gold focussed company
An iron ore and gold focussed company CZR Resources Ltd April 2021 Yarraloola Oct 2020
Slide 2: Disclaimer
Disclaimer Disclaimer This Presentation has been prepared by CZR Resources Ltd (“CZR”). This Presentation contains general and background information about CZR’s activities current as at the date of the Presentation and should not be considered to be comprehensive or to comprise all the information
Slide 3: Forward Looking Statements
Forward Looking Statements Forward Looking Statements This Presentation contains “forward-looking statements” and “forward-looking information”, including statements and forecasts which include without limitation, expectations regarding the financial position of CZR, financial performance and other
Slide 4: Competent Person Statement
Competent Person Statement Competent Persons Statement The information in this report that relates to ore reserves, mineral resources, exploration activities and results is based on information compiled by Rob Ramsay (BSc Hons, MSc, PhD) who is a Member of the Australian Institute of Geoscientists.
Slide 5: Introduction to CZR
Introduction to CZR In-demand Focused on the exploration and development of iron ore and gold, commodities underpinned by strong demand and robust pricing. Major shareholder Five projects - all in joint-venture with the Creasy Group companies. alignment Strategic All projects strategically located,
Slide 6: Corporate Snapshot
Corporate Snapshot Capital Structure (ASX:CZR) Share Price Performance1 Current Shares On Issue (m) 2,853m 0.025 100 Unlisted Options (m) 551m 90 1 Market Capitalisation @(0.012cps) (A$m) $34.2m 0.020 80 70 Cash (31 December 2020) (A$m) $2.6m Share Price ($) Volume (m) 0.015 60 Debt (A$m) Nil 50 0.0
Slide 7: Directors & Management
Directors & Management Board of Directors • Mr Flanagan is a geologist and experienced exploration and mining executive with more than 25 years’ experience. Mr Flanagan previously led the David Flanagan AM CitWA development of Atlas Iron as Managing Director and Non-Executive Chairman, was the Chanc
Slide 8: Yarraloola Iron Ore – Regional Location
Yarraloola Iron Ore – Regional Location • 85% interest in the Yarraloola iron ore project. • Well-located in Western Pilbara, within a proven iron ore district alongside RioTinto’s DSO operations at Robe Valley and Citic Pacific’s Sino magnetite project. • Western Pilbara is characterised by establi
Slide 9: Yarraloola Assets – Robe and Ashburton
Yarraloola Assets – Robe and Ashburton • CZR has drilled the ore-resources in the Robe Mesa deposits to JORC2012 Indicated and Inferred standards1. • Deposits are located within the “Robe Channel” which produces a well-characterised and well-known iron ore type that is termed “Robe CID”. • RioTinto
Slide 10: Robe Mesa – Characterisation
Robe Mesa – Characterisation • Robe Mesa and Robe East deposits are laterally contiguous and have a combined JORC2012 Indicated and Inferred resource of 89.1Mt @ 53.7%Fe1. • The ore-resources are distributed between two flat- lying sheets separated by an interval of “sandy ironstone”. • Robe Mesa or
Slide 11: Robe Mesa – 2020 Pre-Feasibility Study
Robe Mesa – 2020 Pre-Feasibility Study The Pre-Feasibility Study (PFS) for the Robe Mesa deposit was announced to ASX on 10 December 2020. The key findings of the PFS were as follows: Production Metrics • LOM at 2Mtpa = 66 months (+5 years). • Production of an all-fines DSO product from simple, prov
Slide 12: Robe Mesa – 2020 PFS Constraints and Upside
Robe Mesa – 2020 PFS Constraints and Upside Base Case Constraints Potential Upside The PFS was appropriately constrained by a Given constraints and assumptions used in number of parameters, as detailed below1: PFS, there is significant potential for upside: • Open pit with low waste-strip ratio (<1)
Slide 13: Onslow MOU – Closer Port for PFS Upside
Onslow MOU – Closer Port for PFS Upside • MOU signed with Onslow Marine Support Base Pty Ltd (OMSB) on 24 December 2020, following release of the PFS. • Investigating the use of the OMSB facility to determine the operational and financial impacts of shipping ore through the Onslow Port for the DFS.
Slide 14: Ashburton Magnetite
Ashburton Magnetite • The Ashburton prospect is a 6km by 1km magnetite schist in outcrop, located ~15km to the north of Robe Mesa. • In comparison to DSO, Magnetite produces a higher quality steel with a lower carbon foot-print and is regarded as the future of iron-ore mining. • Wide-spaced RC drill
Slide 15: Yarrie Iron Ore Project
Yarrie Iron Ore Project • CZR has a 70% interest in the Yarrie iron ore project. • Yarrie is located 200km east of the world’s largest iron ore export facility in Port Hedland. • Located adjacent to the BHP-owned Yarrie Mining Centre, which has a public access rail connection. • BHP has mined numero
Slide 16: Yarrie – Exploration Targets
Yarrie – Exploration Targets • Iron ore deposits are generally hosted near faults and towards the base of an iron formation and can be traced by its active airborne magnetic response. • The eastern margin of CZR’s tenure, indicates active airborne magnetic response and coincides with historical high
Slide 17: Yarrie – Cabbage Tree Iron Ore Prospect
Yarrie – Cabbage Tree Iron Ore Prospect • Cabbage Tree represents the most advanced prospect for follow up drilling. • Four historical RC holes have high-grade down- hole intercepts of up to 19m and Fe grades to 67.8%1. • High-precision elevation data, added to the topographic models indicates that
Slide 18: Croydon Gold – Regional Setting
Croydon Gold – Regional Setting • CZR has a 70% interest in the Croydon project. • The project (E47/2150) covers 320km2 of the Mallina Basin and the adjacent granite- greenstone basement of the Pilbara. • Croydon is located some 50-90km from DeGrey’s Hemi discovery and covers 40km of the regional sh
Slide 19: Croydon Gold – Top Camp Drilling
Croydon Gold – Top Camp Drilling • The Top Camp prospect covers an area of ~4 km2 covered by minimal historic drilling but with extensive evidence of prospector disturbance and coherent gold and pathfinder soil geochemistry. • The 2019 2,600m Maiden RC programme reported intercepts (>0.5g/t Au) in 9
Slide 20: Buddadoo Gold Project
Buddadoo Gold Project • CZR has an 85% interest in the Buddadoo gold project. • The project is located 200km east of Geraldton in the Youanmi Terrane on the Yilgarn Craton. • The region is a world-class destination for the on-going discovery and mining of gold deposits. • The Youanmi terrane has maj
Slide 21: Buddadoo Gold – Exploration
Buddadoo Gold – Exploration • The western portion of the project covers 25 km of strike of under-explored Gullewa Greenstone Belt along the regional Salt Creek Shear. • Gullewa greenstone belt contains 1Moz high-grade Deflector Gold Mine (ASX:SLR) and an emerging deposit on Firefly Resources (ASX:FF
Slide 22: CZR – Next Steps
CZR – Next Steps • CZR Work Schedules April21 May21 June21 July21 Aug21 Sept21 Oct21 Nov21 Dec21 Jan22 Feb22 Mar22 April22 May22 June22 Robe Mesa DFS and Approvals work modules as detailed below Ashburton Heritage Drilling and Assays Yarrie Heritage Drilling and Assays Heritage, Drilling and Croydon
Slide 23: Contacts
Contacts Rob Ramsay Managing Director Email: rob.ramsay@czrresources.com Phone: +61 8 9468 2050 23
Slide 24: Appendix A – Robe Mesa JORC 2012 Mineral Resources and Ore Reserves
Appendix A – Robe Mesa JORC 2012 Mineral Resources and Ore Reserves Table 1. Robe Mesa JORC 2012 mineral resource reported above a 50% Fe cut-off grade (8 February 2016 ASX Announcement). Tonnes Fe SiO2 Al2O3 TiO2 LOI P S Feca1 Category Mt % % % % % % % % Indicated 65.7 53.8 8.27 3.43 0.14 10.63 0.0
Slide 25: Appendix A – Robe Mesa JORC 2012 Mineral Resources and Ore Reserves
Appendix A – Robe Mesa JORC 2012 Mineral Resources and Ore Reserves Table 5. P529 JORC 2012 mineral resource reported above a 50% Fe cut-off grade (9 May 2017 ASX Announcement). Tonnes Fe SiO2 Al2O3 TiO2 LOI P S Feca1 Category Mt % % % % % % % % Inferred 4.2 53.0 9.1 3.9 0.2 10.4 0.1 0.01 59.2 Total